Sappi Europe to increase prices for Woodfree Coated and Woodfree Uncoated paper grades by 6-8% from April 1st 2018

Metsä Group is expanding the operations of its innovation company Metsä Spring that was established in June 2018. So far, Metsä Spring has been mainly involved in development activities outside the current business areas of Metsä Group. From now on, it will also support research and development related to Metsä Group’s current business areas. Research and development cooperation will be increased both within Metsä Group and with different research institutions and stakeholders. A wider innovation ecosystem plays a central role in the Metsä Group model. With this change, the company aims to strengthen its position even further in different networks and carry out research and development cooperation actively with various partners. “Metsä Group has to be able to continuously renew itself. We improve Metsä Group’s readiness to react to a changing operating environment and be better positioned in the forefront of development. We must find new development areas that promote sustainable bioeconomy. At the same time, we must be able to develop our current products so that they can be used for a wider range of end uses,” says Ilkka Hämälä, President and CEO of Metsä Group.

UPM is finalizing the construction works of the new pulp mill in Uruguay and enters the final phases of the project. The start-up of the UPM Paso de los Toros pulp mill is expected by the end of the first quarter of 2023. While the project work continues intensively, the finalization of the construction works is an important milestone in the project. Since the investment decision in July 2019, over 20,000 people have been involved in the various construction sites related to the growth investment, including the construction of the UPM Paso de los Toros mill, the pulp terminal in the port of Montevideo and the 11 housing areas around Paso de los Toros.

Please be advised we plan to increase the price of our cut-size papers by $2.50 CWT effective July 20, 2018. This increase applies to all uncoated freesheet brands of NORPAC copy paper as well as Natural Choice and Natural Choice 30. Please also note we will be increasing the standard upcharge for Orca 30 and Natural Choice 30 to $5.00 CWT. All other terms and conditions remain in effect.